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Accomazzo Co.
Alfalfa Monegros S.L.
Anderson Hay and Grain Co. Inc.
Barr AG Ltd.
Border Valley Trading
Cubeit Hay
Green Prairie International Inc.
Haykingdom Inc.
M and C Hay
MULTIFEEDS
Nafosa
Oxbow Animal Health
S and W Seed Co.
SL Follen Co.
Standlee Premium Products LLC
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LSH
The alfalfa market is forecasted to grow by USD 8,223.4 mn during 2024-2029, accelerating at a CAGR of 6.4% during the forecast period. The report on the alfalfa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising population of cattle in farms, growth in consumption of dairy food, and increasing demand from apac.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 6%
CAGR 6.4%
Incremental Value $8,223.4 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's alfalfa market is segmented as below:
By Product
By Animal Type
Ruminants
Horses
Poultry
Others
By Method
Conventional farming
Sustainable farming
Organic farming
By Geographical Landscape
North America
APAC
Europe
South America
Middle East and Africa
This study identifies the increased demand for forage crops as one of the prime reasons driving the alfalfa market growth during the next few years. Also, advances in nutritional sciences for cattle and increasing automation in cattle farms will lead to sizable demand in the market.
The report on the alfalfa market covers the following areas:
Alfalfa Market sizing
Alfalfa Market forecast
Alfalfa Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alfalfa market vendors that include Accomazzo Co., Al Dahra ACX Inc., Alfalfa Monegros S.L., Anderson Hay and Grain Co. Inc., Barr AG Ltd., Border Valley Trading, Cubeit Hay, Green Prairie International Inc., Gruppo Carli, Hay USA Inc., Haykingdom Inc., M and C Hay, Mitsubishi Corp., MULTIFEEDS, Nafosa, Oxbow Animal Health, S and W Seed Co., SL Follen Co., and Standlee Premium Products LLC. Also, the alfalfa market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Animal Type
Executive Summary - Chart on Market Segmentation by Method
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Alfalfa Market 2019 - 2023
Historic Market Size - Data Table on Global Alfalfa Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Animal Type segment analysis 2019 - 2023
Historic Market Size - Animal Type Segment 2019 - 2023 ($ million)
5.4 Method segment analysis 2019 - 2023
Historic Market Size - Method Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on global alfalfa market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Hay - Market size and forecast 2024-2029
Chart on Hay - Market size and forecast 2024-2029 ($ million)
Data Table on Hay - Market size and forecast 2024-2029 ($ million)
Chart on Hay - Year-over-year growth 2024-2029 (%)
Data Table on Hay - Year-over-year growth 2024-2029 (%)
8.4 Cubes - Market size and forecast 2024-2029
Chart on Cubes - Market size and forecast 2024-2029 ($ million)
Data Table on Cubes - Market size and forecast 2024-2029 ($ million)
Chart on Cubes - Year-over-year growth 2024-2029 (%)
Data Table on Cubes - Year-over-year growth 2024-2029 (%)
8.5 Pellets - Market size and forecast 2024-2029
Chart on Pellets - Market size and forecast 2024-2029 ($ million)
Data Table on Pellets - Market size and forecast 2024-2029 ($ million)
Chart on Pellets - Year-over-year growth 2024-2029 (%)
Data Table on Pellets - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Animal Type
9.1 Market segments
Chart on Animal Type - Market share 2024-2029 (%)
Data Table on Animal Type - Market share 2024-2029 (%)
9.2 Comparison by Animal Type
Chart on Comparison by Animal Type
Data Table on Comparison by Animal Type
9.3 Ruminants - Market size and forecast 2024-2029
Chart on Ruminants - Market size and forecast 2024-2029 ($ million)
Data Table on Ruminants - Market size and forecast 2024-2029 ($ million)
Chart on Ruminants - Year-over-year growth 2024-2029 (%)
Data Table on Ruminants - Year-over-year growth 2024-2029 (%)
9.4 Horses - Market size and forecast 2024-2029
Chart on Horses - Market size and forecast 2024-2029 ($ million)
Data Table on Horses - Market size and forecast 2024-2029 ($ million)
Chart on Horses - Year-over-year growth 2024-2029 (%)
Data Table on Horses - Year-over-year growth 2024-2029 (%)
9.5 Poultry - Market size and forecast 2024-2029
Chart on Poultry - Market size and forecast 2024-2029 ($ million)
Data Table on Poultry - Market size and forecast 2024-2029 ($ million)
Chart on Poultry - Year-over-year growth 2024-2029 (%)
Data Table on Poultry - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Animal Type
Market opportunity by Animal Type ($ million)
Data Table on Market opportunity by Animal Type ($ million)
10 Market Segmentation by Method
10.1 Market segments
Chart on Method - Market share 2024-2029 (%)
Data Table on Method - Market share 2024-2029 (%)
10.2 Comparison by Method
Chart on Comparison by Method
Data Table on Comparison by Method
10.3 Conventional farming - Market size and forecast 2024-2029
Chart on Conventional farming - Market size and forecast 2024-2029 ($ million)
Data Table on Conventional farming - Market size and forecast 2024-2029 ($ million)
Chart on Conventional farming - Year-over-year growth 2024-2029 (%)
Data Table on Conventional farming - Year-over-year growth 2024-2029 (%)
10.4 Sustainable farming - Market size and forecast 2024-2029
Chart on Sustainable farming - Market size and forecast 2024-2029 ($ million)
Data Table on Sustainable farming - Market size and forecast 2024-2029 ($ million)
Chart on Sustainable farming - Year-over-year growth 2024-2029 (%)
Data Table on Sustainable farming - Year-over-year growth 2024-2029 (%)
10.5 Organic farming - Market size and forecast 2024-2029
Chart on Organic farming - Market size and forecast 2024-2029 ($ million)
Data Table on Organic farming - Market size and forecast 2024-2029 ($ million)
Chart on Organic farming - Year-over-year growth 2024-2029 (%)
Data Table on Organic farming - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Method
Market opportunity by Method ($ million)
Data Table on Market opportunity by Method ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.10 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.12 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ million)
Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.13 Mexico - Market size and forecast 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ million)
Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
Chart on Mexico - Year-over-year growth 2024-2029 (%)
Data Table on Mexico - Year-over-year growth 2024-2029 (%)
12.14 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.15 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.16 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.17 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Accomazzo Co.
Accomazzo Co. - Overview
Accomazzo Co. - Product / Service
Accomazzo Co. - Key offerings
SWOT
15.5 Alfalfa Monegros S.L.
Alfalfa Monegros S.L. - Overview
Alfalfa Monegros S.L. - Product / Service
Alfalfa Monegros S.L. - Key offerings
SWOT
15.6 Anderson Hay and Grain Co. Inc.
Anderson Hay and Grain Co. Inc. - Overview
Anderson Hay and Grain Co. Inc. - Product / Service
Anderson Hay and Grain Co. Inc. - Key offerings
SWOT
15.7 Barr AG Ltd.
Barr AG Ltd. - Overview
Barr AG Ltd. - Product / Service
Barr AG Ltd. - Key offerings
SWOT
15.8 Border Valley Trading
Border Valley Trading - Overview
Border Valley Trading - Product / Service
Border Valley Trading - Key offerings
SWOT
15.9 Cubeit Hay
Cubeit Hay - Overview
Cubeit Hay - Product / Service
Cubeit Hay - Key offerings
SWOT
15.10 Green Prairie International Inc.
Green Prairie International Inc. - Overview
Green Prairie International Inc. - Product / Service
Green Prairie International Inc. - Key offerings
SWOT
15.11 Haykingdom Inc.
Haykingdom Inc. - Overview
Haykingdom Inc. - Product / Service
Haykingdom Inc. - Key offerings
SWOT
15.12 M and C Hay
M and C Hay - Overview
M and C Hay - Product / Service
M and C Hay - Key offerings
SWOT
15.13 MULTIFEEDS
MULTIFEEDS - Overview
MULTIFEEDS - Product / Service
MULTIFEEDS - Key offerings
SWOT
15.14 Nafosa
Nafosa - Overview
Nafosa - Product / Service
Nafosa - Key offerings
SWOT
15.15 Oxbow Animal Health
Oxbow Animal Health - Overview
Oxbow Animal Health - Product / Service
Oxbow Animal Health - Key offerings
SWOT
15.16 S and W Seed Co.
S and W Seed Co. - Overview
S and W Seed Co. - Product / Service
S and W Seed Co. - Key offerings
SWOT
15.17 SL Follen Co.
SL Follen Co. - Overview
SL Follen Co. - Product / Service
SL Follen Co. - Key offerings
SWOT
15.18 Standlee Premium Products LLC
Standlee Premium Products LLC - Overview
Standlee Premium Products LLC - Product / Service
Standlee Premium Products LLC - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations